Independent show-cause notices remain separate proceedings, while customs adjudication challenges should ordinarily follow the statutory appellate rem...
Institutional incapacity in customs settlement proceedings excludes non-functional quorum periods from statutory disposal timelines, preventing automa...
Interactive touchscreen panels with integrated computing functions fall under automatic data-processing machines rather than display monitors for cust...
Ex parte injunction service requirements were substantially met, while civil recovery and SFIO investigation into provident fund defalcation continued...
Enforcement of resolution-plan directions continues without a Supreme Court stay, preventing suspension of redistribution and escrowed-fund distributi...
Third-party ownership claims over attached property require Special Court adjudication where purchasers lack registered sale deeds and bona fides rema...
Pure-agent reimbursements in clearing and forwarding services are excluded from taxable value when qualifying third-party payments are properly record...
The SC dismissed the appeal challenging the exclusion of commercial spaces from the Corporate Debtor's assets and the approval of the Resolution Plan under the IBC. The Court found no sufficient grounds to interfere with the Adjudicating Authority's order despite dissenting Financial Creditors' claims under Section 30(2)(b). The NCLAT's observation allowing the appellant to file a separate application for rent claims arising post-CIRP commencement, potentially recoverable as CIRP costs, was noted but did not affect the final decision. Consequently, the impugned judgment approving the Resolution Plan was upheld in its entirety.
The SC dismissed the appeal challenging the exclusion of commercial spaces from the Corporate Debtor's assets and the approval of the Resolution Plan under the IBC. The Court found no sufficient grounds to interfere with the Adjudicating Authority's order despite dissenting Financial Creditors' claims under Section 30(2)(b). The NCLAT's observation allowing the appellant to file a separate application for rent claims arising post-CIRP commencement, potentially recoverable as CIRP costs, was noted but did not affect the final decision. Consequently, the impugned judgment approving the Resolution Plan was upheld in its entirety.
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